Argentina’s inflation decreased to 2.2 percent in January, the lowest in over four years. This follows a 2.7 percent rise in December and marks four consecutive months of inflation below 3 percent. These developments provide support for President Javier Milei’s fiscal policies.
Argentina’s inflation rate fell to 2.2 percent in January, marking the lowest monthly rate in 4.5 years, according to INDEC, the national statistics agency. This decrease is notable considering December’s rate was higher at 2.7 percent. This trend indicates a prolonged phase of declining inflation, with January being the fourth consecutive month where inflation remained below 3 percent, signaling potential economic stabilization under President Javier Milei’s budget cuts.
The recent report from INDEC highlights a significant reduction in Argentina’s monthly inflation rate to the lowest level seen in 4.5 years. This change reflects the government’s efforts in managing the economy more effectively. If this trend continues, it could indicate an improvement in Argentina’s economic landscape, benefiting consumers and the overall economy.
Original Source: www.hpenews.com
